US: New York Federal Reserve Bank President William Dudley Speech


Wed Aug 26 09:00:00 CDT 2015

Highlights
New York Federal Reserve Bank President William Dudley press conference on the regional economy.

The chances of a September rate hike continue to shrink. Dudley, going out of his way to speak to reporters, says a hike at next month's meeting is "less compelling" in the wake of turmoil in the global markets. Dudley is still looking for a rate hike later this year, but not in September.

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